Spice and Herbs Extracts Market

The market for spice and herb extracts consists of celery, cumin, chili, coriander, cardamom, oregano, pepper, basil, ginger, thyme and other types of herb extracts. They are available in both, tincture and powdered form, and are in high demand for their flavoring, seasoning and aromatic attributes. The spice and herb extract market has a good trade potential, especially for small-scale farmers in regions like Asia-Pacific, where climatic conditions are favorable, and there is a significant local demand for spice and herb extracts. A large proportion of extracts traded in both, local and export markets, are produced by small-scale farmers.

Spice and Herbs Extracts Market contains market size and forecasts of Spice and Herbs Extracts in global, including the following market information:

Global Spice and Herbs Extracts Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Spice and Herbs Extracts Market Sales, 2017-2022, 2023-2028, (K g)

Global top five Spice and Herbs Extracts companies in 2021 (%)

The global Spice and Herbs Extracts market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Essential Oils Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Spice and Herbs Extracts include Doehler, Universal Oleoresin, McCormick and Company, Sensient Technologies, Kerry Group, Ajinomoto, SHS group, Akay and Paprika Oleo?s and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Spice and Herbs Extracts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Spice and Herbs Extracts Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K g)

Global Spice and Herbs Extracts Market Segment Percentages, by Type, 2021 (%)

Essential Oils

Spice Seasonings And Blends

Liquid Blends

Others

Global Spice and Herbs Extracts Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K g)

Global Spice and Herbs Extracts Market Segment Percentages, by Application, 2021 (%)

Food Applications

Beverages Applications

Global Spice and Herbs Extracts Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K g)

Global Spice and Herbs Extracts Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Spice and Herbs Extracts revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Spice and Herbs Extracts revenues share in global market, 2021 (%)

Key companies Spice and Herbs Extracts sales in global market, 2017-2022 (Estimated), (K g)

Key companies Spice and Herbs Extracts sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Doehler

Universal Oleoresin

McCormick and Company

Sensient Technologies

Kerry Group

Ajinomoto

SHS group

Akay

Paprika Oleo?s

VD Flavours